Logo
Pattern

Discover published sets by community

Explore tens of thousands of sets crafted by our community.

Fundamentals of Business Torts

18

Flashcards

0/18

Still learning
StarStarStarStar

Negligence

StarStarStarStar

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances. Examples: Slip and fall accidents, professional malpractice.

StarStarStarStar

Tortious Interference

StarStarStarStar

Intentionally damaging the plaintiff's contractual or business relationships. Examples: Contract interference, predatory pricing to drive away competitors.

StarStarStarStar

Defamation

StarStarStarStar

An untrue statement that harms the reputation or standing of an individual or business. Examples: Libel in a newspaper article, slander in a public speech.

StarStarStarStar

Fraud

StarStarStarStar

Intentional misrepresentation of material fact by one party to another, who consents to enter into a contract or transaction based on the misrepresentation. Examples: False advertising, securities fraud.

StarStarStarStar

Product Liability

StarStarStarStar

The legal liability a manufacturer or seller incurs for producing or selling a faulty product. Examples: Defective equipment, contaminated food.

StarStarStarStar

Breach of Fiduciary Duty

StarStarStarStar

A situation where someone in a trusted position violates the obligation to act in the best interest of a client or trustor. Examples: Self-dealing by a company director, misuse of client funds.

StarStarStarStar

Conversion

StarStarStarStar

An intentional act that deprives an owner of personal property without their consent. Examples: Theft of company resources, unauthorized sale of company assets.

StarStarStarStar

Unfair Competition

StarStarStarStar

Acts by businesses to gain an unfair advantage over competitors. Examples: Trademark infringement, misleading advertising.

StarStarStarStar

Public Nuisance

StarStarStarStar

An act that interferes with the public's right to use and enjoy public spaces or resources. Examples: Pollution by factories, obstructing public roadways.

StarStarStarStar

Private Nuisance

StarStarStarStar

A disturbance or interference with an individual's enjoyment or use of their property. Examples: Loud noises from a neighboring business, encroachment of structures.

StarStarStarStar

Trade Libel

StarStarStarStar

The publication of a false statement of fact that is damaging to a business' product or services. Examples: False claims about a competitor's product, unjustified negative reviews.

StarStarStarStar

False Advertising

StarStarStarStar

Advertising that is misleading or false in any material aspect. Examples: Exaggerated product claims, hidden fees not disclosed.

StarStarStarStar

Breach of Contract

StarStarStarStar

Failure to perform any term of a contract without a legitimate legal excuse. Examples: Non-delivery of goods, failure to pay for services provided.

StarStarStarStar

Misappropriation of Trade Secrets

StarStarStarStar

The theft or unauthorized disclosure of trade secrets. Examples: Industrial espionage, employee theft of client lists.

StarStarStarStar

Interference with Prospective Economic Advantage

StarStarStarStar

Unjustified interference with the plaintiff's reasonable expectation of entering into a valid business relationship. Examples: Slander that turns away potential clients, spreading false rumors about a competitor.

StarStarStarStar

Economic Duress

StarStarStarStar

A situation where one party compels another to agree to a contract by threatening the victim's economic interests. Examples: High-pressure sales tactics, 'take it or leave it' contract terms.

StarStarStarStar

Wrongful Discharge

StarStarStarStar

Terminating an employee's employment in violation of the law or an employment contract. Examples: Firing without cause when a contract requires it, discrimination.

StarStarStarStar

Invasion of Privacy

StarStarStarStar

An intrusion upon a person's solitude or into private matters. Examples: Unauthorized use of a person's likeness, public disclosure of private facts.

Know
0
Still learning
Click to flip
Know
0
Logo

© Hypatia.Tech. 2024 All rights reserved.